Betonjaya Manunggal (Indonesia) Probability of Future Stock Price Finishing Under 419.92
| BTON Stock | IDR 420.00 2.00 0.48% |
Betonjaya |
Betonjaya Manunggal Target Price Odds to finish below 419.92
The tendency of Betonjaya Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 419.92 or more in 90 days |
| 420.00 | 90 days | 419.92 | about 61.34 |
Based on a normal probability distribution, the odds of Betonjaya Manunggal to drop to 419.92 or more in 90 days from now is about 61.34 (This Betonjaya Manunggal Tbk probability density function shows the probability of Betonjaya Stock to fall within a particular range of prices over 90 days) . Probability of Betonjaya Manunggal Tbk price to stay between 419.92 and its current price of 420.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.69 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Betonjaya Manunggal will likely underperform. Additionally Betonjaya Manunggal Tbk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Betonjaya Manunggal Price Density |
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Predictive Modules for Betonjaya Manunggal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Betonjaya Manunggal Tbk. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Betonjaya Manunggal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Betonjaya Manunggal is not an exception. The market had few large corrections towards the Betonjaya Manunggal's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Betonjaya Manunggal Tbk, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Betonjaya Manunggal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.28 | |
β | Beta against Dow Jones | 2.69 | |
σ | Overall volatility | 25.22 | |
Ir | Information ratio | -0.02 |
Betonjaya Manunggal Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Betonjaya Manunggal for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Betonjaya Manunggal Tbk can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Betonjaya Manunggal had very high historical volatility over the last 90 days | |
| About 95.0% of the company shares are held by company insiders |
Betonjaya Manunggal Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Betonjaya Stock often depends not only on the future outlook of the current and potential Betonjaya Manunggal's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Betonjaya Manunggal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 720 M | |
| Cash And Short Term Investments | 214.7 B |
Betonjaya Manunggal Technical Analysis
Betonjaya Manunggal's future price can be derived by breaking down and analyzing its technical indicators over time. Betonjaya Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Betonjaya Manunggal Tbk. In general, you should focus on analyzing Betonjaya Stock price patterns and their correlations with different microeconomic environments and drivers.
Betonjaya Manunggal Predictive Forecast Models
Betonjaya Manunggal's time-series forecasting models is one of many Betonjaya Manunggal's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Betonjaya Manunggal's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Betonjaya Manunggal Tbk
Checking the ongoing alerts about Betonjaya Manunggal for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Betonjaya Manunggal Tbk help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Betonjaya Manunggal had very high historical volatility over the last 90 days | |
| About 95.0% of the company shares are held by company insiders |
Other Information on Investing in Betonjaya Stock
Betonjaya Manunggal financial ratios help investors to determine whether Betonjaya Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Betonjaya with respect to the benefits of owning Betonjaya Manunggal security.